What Chamas and SACCOs can teach lenders about group lending
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What Chamas and SACCOs can teach lenders about group lending

Group finance has a reach that many fintechs still underestimate. In Kenya, SACCOs that operate under regulation reported 6.84 million members in 2023, a number that shows how much formal group lending has grown. Beyond that, informal savings groups called chamas are even more widespread. Estimates suggest there are around 300,000 active chamas, each managing […]

The rise of retail finance in South Africa and what it means for modern lenders
Lender information

The rise of retail finance in South Africa and what it means for modern lenders

South Africa’s retail finance space needs better execution solutions that work at the margins. This article explores how retail finance in South Africa is evolving and what’s driving the growth.

Frequently Asked Questions about Finance house license
FAQs

Frequently Asked Questions about Finance house license

Below are the most common questions lenders ask when considering a Finance House license.